http://thegenesisblock.com/800000-avalon-asic-bitcoin-mining-chips-expected-over-next-month/Avalon ASIC drought may turn into a hashing power tidal wave as reports surface that the first 20,000 out of a remaining 800,000 ASIC chips are on their way to customers. Application specific integrated circuits (ASIC) are specialized chips that perform bitcoin mining calculations. Starting in mid-April, Avalon sold bulk orders of ASIC chips in batches of 10,000, with each chip hashing at an estimated 400 MH/s overclocked. Although Avalon initially estimated a 10-week lead time after orders were placed, hundreds of thousands of chips are already two months late. Compounding the delays was a lack of clear communication from Avalon on what was causing it or when customers could expect delivery.
